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$950,000
New Listing

1208 Walnut Street
Cary, NC 27511

For Sale|Triplex|Active
5
Beds
5
Total Baths
5
Full Baths
3,657
SqFt
$260
/SqFt
1964
Built
Subdivision:
Not in a Subdivision
County:
Wake
1208 Walnut Street1208 Walnut Street1208 Walnut Street1208 Walnut Street
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Are you searching for a Cary multi-family investment property, a commercially zoned income property, or a redevelopment opportunity in Wake County? 1208 Walnut Street delivers location, flexibility, and strong growth potential. A rare income-producing triplex in Cary, NC, offering commercial zoning and exceptional redevelopment potential on a 1.2-acre lot. Located in the heart of Cary, this multi-family property presents a prime opportunity for investors, developers, and entrepreneurs seeking strong rental demand and long-term appreciation in one of the Triangle's fastest-growing markets. The property's commercial zoning adds value and versatility, enabling potential mixed-use, office, or redevelopment opportunities (buyer to verify permitted uses). With 1.2 acres in a strategic Cary location, this property offers rare scalability and future upside. Conveniently located near Research Triangle Park, with quick access to I-40 and US-1/64, the property provides easy commuting to Raleigh, Durham, Holly Springs, and Apex. It is also just minutes from Fenton, a premier destination for shopping, dining, and entertainment. Also listed as commercial improved MLS# 10146800

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Listing Snapshot
Price 
$950,000
Days On Site 
0 Days
Bedrooms 
5
Inside Area (SqFt) 
3,657 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
1.2 Acres
Year Built 
1964
MLS® Number 
10146867
Status 
Active
Property Tax 
$4,918.97
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
22 hours agoListing updated with changes from the MLS®
22 hours agoListing first seen on site
General Features
Acres 
1.2
Carport 
1
Foundation 
Slab
Levels 
Two
Parking 
Attached Carport
Property Sub Type 
Triplex
Sewer 
Public Sewer
SqFt Above 
3657
SqFt Total 
3657
Water Source 
Public
Zoning 
OIP
Interior Features
Cooling 
Central AirWindow Unit(s)
Flooring 
CarpetLaminateTileWood
Heating 
Electric
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Exterior Features
Construction Details 
Brick
Roof 
Shingle
Community Features
Financing Terms Available 
CashConventional
Schools
School District
Unknown
Elementary School
Wake - Briarcliff
Middle School
Wake - East Cary
High School
Wake - Cary
Listing courtesy of Brandi Taylor of Better Homes & Gardens Real Es



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2026-02-17 09:36 PM UTC

Neighborhood & Commute
Source: Walkscore
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